Travelex currency exchange is offline following a malware attack

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Author: Kim Lyons

Travelex, currency exchange desk at Hong Kong International Airport.
Photo by: Jeff Greenberg/Universal Images Group via Getty Images
It seems bitcoin has come out swinging against fiat currency — as one of the world’s largest fiat currency exchanges is offline due to a software virus. UK currency exchange site Travelex may be subject to ransom demands to get back online and protect its customers’ data; the attackers are demanding a six-figure ransom to be paid in bitcoin, according to Computer Weekly.

Travelex took its sites offline after a hack apparently compromised some of its services, according to a statement on its US website. The site is being held hostage by ransomware, with attackers seeking about $3 million, according to The Guardian.

The company first discovered the virus on New Year’s Eve, Travelex said in its statement. According to the company, there’s...

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